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Demographics
Population
Median Income
Racial Distributions
Galloway Ridge, a neighborhood in Columbus, Ohio, exhibits characteristics of Low Diversity, with a white majority comprising 75% of the population as of 2022. The median income of $71,092 in 2022 suggests a middle to upper-middle-class community. Galloway Ridge has experienced significant fluctuations in its population over the past decade, with a peak of 6,337 residents in 2014 and a decline to 4,794 by 2022.
From 2013 to 2022, Galloway Ridge has consistently maintained a White Majority status, with the white population consistently above 75%. The white population decreased from 86% in 2020 to 75% in 2022, indicating a potential transition towards Moderate Diversity. The Black population increased from 2% in 2013 to 8% in 2022, showing the most significant growth among minority groups. The Hispanic population has remained relatively stable, fluctuating between 1% and 6% over the decade. The "Two or More Races" category increased from 1% in 2013 to 11% in 2022, suggesting a trend towards a more multiracial community.
The median income in Galloway Ridge has shown overall growth, albeit with fluctuations. From 2013 to 2021, there was a general upward trend in median income, peaking at $87,888 in 2021. However, 2022 saw a significant drop to $71,092. The population decline from 5,991 in 2013 to 4,794 in 2022 coincides with these income fluctuations, suggesting possible changes in the neighborhood's socioeconomic makeup.
The increasing diversity, particularly the growth in the Black and multiracial populations, appears to correlate with periods of income growth. However, the recent drop in median income alongside continued diversification suggests a complex relationship between demographic and economic changes.
The increasing diversity aligns with national trends of growing multiracial populations and diversification of suburbs. The recent drop in median income, despite long-term growth, may reflect wider economic challenges faced by many American communities in recent years. The population decline, particularly since 2015, could be part of a broader trend of population shifts in Midwestern cities, where some areas are experiencing suburbanization or out-migration.
Galloway Ridge appears to be in a state of transition, moving from a predominantly white, upper-middle-class enclave towards a more diverse community. This shift, while gradual, is significant and may continue to reshape the neighborhood's demographic and economic landscape in the coming years.